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4 minutes ago, Paul852 said:

Hopefully the market is at least keeping up.

almost back!!! 

39,365.01−1,243.44 (3.06%)

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2 minutes ago, Alpha_TATEr said:

almost back!!! 

39,365.01−1,243.44 (3.06%)

No, no. Dig "up" stupid.

  • 1 month later...

they didn't ditch anything. they lowered the percentage chance from over 50% to just under 50%.

consensus GDP growth in 2025 is 0.5%. a number any other president would be rightly crushed by considering how much of that tepid growth number is directly tied to Trump's actions.

the guy has strangled our economy and you're lauding him for letting it gasp for a little air. idiots.

14 hours ago, It Hurts said:

clickbait works

  • 3 months later...

Jim's Steaks forced to raise prices to keep up with Trumpflation.

They were forced to close after the fire. Had sticker shock when they reopened:

We raised our prices accordingly. When we closed our prices were $11.49 for a cheesesteak. Now they're $13.49 for a cheesesteak.

And now we're seeing them [prices] move back up as the summer months continue. Almost up a dollar more than it was this time last year. Our strategy is, right now, just absorbing the price and hoping that we see a reduction after the summer months are over.

If we don't see a price point drop we're going to have to increase our price to our consumer.

All of the other costs are going up. Cost of employees goes up. All the other staples that we use have increased since we've reopened.

15 minutes ago, toolg said:

Jim's Steaks forced to raise prices to keep up with Trumpflation.

They were forced to close after the fire. Had sticker shock when they reopened:

Very unfortunate. Price of beef went up from $4.68 in July 2022 to over $7 a pound in May 2024. Now it’s about a dollar more than it was last time this year. Sounds like it went up about 15% since last year, after it going up almost 50% in the two years prior. Very interesting to see how they raised their prices, but not by enough to cover the full additional price rise.

1 minute ago, RPeeteRules said:

Very unfortunate. Price of beef went up from $4.68 in July 2022 to over $7 a pound in May 2024. Now it’s about a dollar more than it was last time this year. Sounds like it went up about 15% since last year, after it going up almost 50% in the two years prior. Very interesting to see how they raised their prices, but not by enough to cover the full additional price rise.

Anecdotally I am seeing companies take a short-term hit. Whether it's because of long-term planning, or they can stockpile supplies at lower prices, idk... But if wholesale prices don't come down, they have no choice than to pass it on to consumers. Retailers like Wal-Mart with razor-thin margins are passing rising costs off sooner.

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